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1000 N Sloan Avenue Compton, CA 90221
5,640 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,640 sqft
Price per Sqft $310
MLS Listing ID CL26989749
HOA Y/N No
Year Built 1949
Lot Size 0.325 Acres
Acres 0.3246
Property Sub-Type Other
Property Description
Unique value add deal being sold by long term owners as part of a large portfolio sale. The property is currently 60% vacant, but full of upside. Vacant units have not been advertised for rent due to a death in the family, and an experienced operator could do very well with this property. This 10 unit is sits on 2 separate parcels with a shared driveway. With 6 units currently vacant, the property is primed for rapid repositioning and lease at market rents. 6 units have already been remodeled, giving a strong head start on interior upgrades. There are 6 carports under the rear 2 units, and 8 open parking spaces in front. Significant upside remains with potential for rear ADU additions. Located near Rosecrans and Long Beach Blvd, near daily conveniences including Subway, Wingstop, Little Caesars, La Michoacana, Mc Donalds, and T-Mobile. Just 2 blocks from Lueders Park Community Center. Located between the Compton Town Center on Alameda and the Northgate Market on Atlantic. A rare Compton value-add deal where the property is in good condition and the Buyer can choose their own tenants.
Location
State CA
County Los Angeles
Zoning COPRH*
Interior
Heating Wall Furnace
Flooring Laminate
Fireplace No
Building
Water Other
New Construction No
Others
Tax ID 6178017036
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Listed by Dana Coronado • Compass